LATEST NEWS

Retirement Industry People Moves

Derrin Watson fielding questions for ERISApedia Ask the Author service; Prime Capital Investment Advisors launches Fiduciary Investment Trust; StayWell acquires Provata Health; and more.

MORE NEWS

Want Employees to Invest Tax Savings? Act Now

It will only take a few pay cycles for folks to get used to seeing the extra money come in; thus the impetus is on plan sponsors to act today to directly encourage employees to consider putting some or all of their additional take-home pay into the retirement plan.

California Proposal Seeks Shift from Public DB to DC

Under a new bill in the California legislature, the state’s Human Resources Department would administer and oversee a defined contribution-type program for state employees, redirecting matching contributions that otherwise would be paid into the state pension system.

FixedFee401k Promises DC Plan Market Disruption

The firm wants to pretty much completely change the basic pricing of 401(k) plans in the small- and mid-market by establishing fixed fees for advisory services and a flat fee per participant for recordkeeping services.